Capital Maintenance in Units of Constant Purchasing Power in terms of the Daily CPI
A negative interest rate is impossible under CMUCPP in terms of the Daily CPI.
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Who drives inflation - Part 1
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Showing posts with label
Who drives inflation - Part 1
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Saturday 5 December 2009
Who drives inflation - Part 1
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Who drives inflation, Kalinka asked a day or two ago. Inflation is always and everywhere the destruction of the real value of money. Mai...
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